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20121205
20121213
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Search Results 0 to 5 of about 6
CNBC
Dec 12, 2012 9:00am EST
decreases, or cuts that many people want, sequestration bringing significant cuts in defense. >> a lot of the big market calls, strategist calls, has the year end 2013 at 1580, but sub1400 because the cliff is going to be choppy and tricky. >> i'm not going to disagree with that. what if we get corporate tax reform? >> and jamie dimon's right again. we're a world leader and the market goes much higher, and a rational deal i think -- will it hit the ceiling? will it change? you get a real deal. what are we going to be sitting here talking about when 3m reaffirmed, dupont bought back stock -- >> $1 billion share buyback. >> and how the multiples were compressed because of the fiscal cliff. now people should pay more for earnings. we go back and do what we used to do. >> we will. one way or the other, we will. >> remember when we used to talk about spain? italy? >> the good old days. spain was borrowing at 7%. >> germany went to the five-year high. we could have that, too. unlike them, our economy is not in tatters. they go five-year high on tatters. audi, good car. >> yes. good car. >> m
CNBC
Dec 11, 2012 9:00am EST
having a big day. defense stocks, number one. who would have thought? what sequestration worries are there? this is a historic high. the philadelphia defense index, the main index everyone watches in defense stocks, historic high today. all the big name defense stocks are to the upside. raytheon, northrop, rockwell. all are up and outperforming the market this month. who would have thunk it? say what you will. these stocks are having big worries on sequestration. put up my two main points and i'll tell you what i think is going on here. even though the threat is looming here they're ignoring it. i think regardless. everything i read indicates there's budget uncertainty and slower bookings comes from all the defense names. frankly them trading at a slight premium to the market now strikes me as a bit odd. nonetheless, that's what's going on. let me also mention the airlines. because the airline index is hitting a 52-week high today. there is some general optimism. delta, there's actual deals. kell t delta is buying into southwest. 49% stake from singapore. good commerce from some of t
CNBC
Dec 6, 2012 9:00am EST
cliff. paychecks are going to go down, a million layoffs in the defense industry. no one seems to care right now. it's bad. >> you know what we have going for us? the grid, december 17 announced -- on a seasonal basis, they have reiterated once again that it doesn't have the demand to be sold year round, but starting a week from monday. >> i don't buy that. i think they do it because whenever they have mcrib, they're just fighting traffic for mcrib. there are places in the world where the mcrib is on the menu all the time. in case you're there on your vacation. >> i'm learning here all the time. i'm always learning. >> switch from the bacon cheese-inator. [ bell rings ] . >> celebrating the ground breaking of hotels in new york. we'll be speaking to the ceo in this hour. >> whitehorse is an interesting story. >> white house, delayed over at the nasdaq, the new york stock exchange puts out a release reiterating 16 companies have announced or moved to the big board so for this year. you're starting to wonder who would go public on the nasdaq. >> still waiting for the night capital resolu
CNBC
Dec 13, 2012 9:00am EST
, last week the supreme court reviewed the defense of marriage act. as you know, house republicans are in defense of that law. there was a $1.5 million cost cap outside counsel to fund that, but according to house democrats, that cost cap has decreased. do you is not the idea of raising that to pay for it? >> if the justice department is not going to enforce the law of the land, the congress will. thank you all. >> there's house speaker john boehner walking off the podium after handling a number of questions. what he seemed to underscore is the fact that there has not been much progress made. he said it is clear the president has not committed to cutting spending. the president needs to step up at this time and that the president is intent on slow walking the economy right up to the edge of the fiscal cliff. as for market reaction, markets taking a little bit of a pause here. we're off the session lows at this point. what was notable, though, was a pop in the volatility index. and that was up by 2% at last check. let's bring in john harwood to get more reaction to what speaker boeh
CNBC
Dec 7, 2012 9:00am EST
part of commerce. >> it will be interesting. wells notice means they are likely to take action. defense here. you can still make it. it gives the opportunity to at least make a final defense so to speak as to why they shouldn't take action. we'll see what that defense is when mr. hastings -- we have a sense for it given what they wrote yesterday. >> i'm sure it will be closely watched. we should be clear that we didn't see too much reaction in the stock for good reason. this is really a slap on the wrist in the scheme of things. this will be closely watched because i'm sure other companies will want to know whether if they tweet something, is that fair disclosure. if they use facebook and that will have ramifications in terms of how companies choose to share information with investors. the other point that it raises just thinking about information that can move the markets, this is separate from the s.e.c. in a wells notice, there are many days where we have economic data that is released and it is released a few minutes beforehand to subscribers to that service. is that fair? that's no
CNBC
Dec 10, 2012 9:00am EST
on global war on terror? we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary, and if you cut benefits, you lose everywhere, no matter republican or democrat. everybody knows that. dic dicey. >> running for higher taxes? i mean, look, i'm not pro -- i think that frits van paasschen who has a big bet on china, he laid it out. he said we need both. i was listening to cody from honeywell, it's a dangerous position to want both tax increases and entitlement cuts. i hear very few politicians wanting to do that. >> speaking of china, by the way, mostly upbeat data out of china. 10.1% in november, strongest since march. exports rose at a weaker pace. the planned resignation of it
Search Results 0 to 5 of about 6